VOL. XLV

No 6

11-February-2002

IRAN

EnterpriseReviews South Pars Participation

EnterpriseOil announced in a strategy and results presentation in London on 5 Februarythat it was re-thinking its plans for participation in the $2.65bn developmentof Phases 6, 7 and 8 of the offshore South Pars gasfield. Recently appointedChief Executive Sam Laidlaw said: Wenow estimate it would need a radical rethink to make it attractive enough forinvestors. Unless there is a serious improvement in terms it is...